ASX 200 to rise; GyG's 'above expectations' first quarter; Aus Vintage brings back sacked CEO; ACCC power boost in merger reforms

Mexican restaurant operator GYG's Australian sales up 9 per cent. Aus Vintage brings back sacked CEO. Labor's merger reforms introduce thresholds; ACCC notification for every supermarket deal. 

Rates and economic commentary is keeping equity investors busy. Picture: John Appleyard

Welcome to the Trading Day blog for Thursday, October 10. ASX 200 to rise. Mexican restaurant operator GYG's Australian sales up 9 per cent. Aus Vintage brings back sacked CEO. Labor's merger reforms introduce thresholds; ACCC notification for every supermarket deal. 

ASX 200 futures are up 0.4 per cent to 8250 points.

On Wall Street, the S&P 500 rose 0.7 per cent, the technology-focused Nasdaq index gained 0.6 per cent and the Dow Jones lifted 1 per cent or more than 440 points.

US 10-year bond yields are near 4.07 per cent after the US Federal Reserve's September minutes revealed a 'substantial majority' favoured the jumbo 50 basis points rate cut.

Oil prices slipped further with the global benchmark Brent crude below US$77 per barrel and the US WTI just over $US73 per barrel.

Iron ore futures on the Singapore exchange settled flat near $US105.15 per tonne. The price has moved lower as China's stimulus-driven shares rally continued to unwind.

Gold futures are lower near $US2627.20 per ounce.

The Aussie dollar is trading around US67.13c.

Originally published as ASX 200 to rise; GyG's 'above expectations' first quarter; Aus Vintage brings back sacked CEO; ACCC power boost in merger reforms